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Euro Dollar Outlook: EUR/USD Rips to Fresh 2020 High- Breakout Levels
Euro is poised to mark a fifth consecutive weekly advance with EUR/USD up more than 1.4% since the Sunday open. The rally takes price into a multi-year Fibonacci resistance and while the broader outlook remains constructive, the immediate advance may be vulnerable near-term. These are the updated targets and invalidation levels that matter on the EUR/USD price charts heading into the close of the week. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this Euro trade setup and more. image Technical Outlook: In our last Euro Technical Price Outlook we noted that EUR/USD was trading, “just above ... (full story)